The euro has been falling against the sterling, There has been an overall negative correlation, the whole market is going short. This is a good indication for long term trades. However the market has been bouncing in the short timescales such as M30. Therefore in my opinion, after this high of 1.13356 I believe the market will see a big downfall, however this is just my prediction for the week ahead. We can only wait and see how the markets will react.
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